Bajaj Consumer Care Buyback 2023 announced on 09 December 2022. The Natco Pharma buyback will begin on December 19, 2022, and end on July 16, 2023. The company will buy back approximately 33,70,416 equity shares, or approximately 25% of face value ₹1, at a price of ₹240 per equity share. The size of this buyback is about ₹80.89 crore, and this will be done through a buyback on the open market.
Bajaj Consumer Care is engaged in the business of cosmetics, toiletries and other personal care products. The company’s product portfolio includes Bajaj Almond Drops, Bajaj Coco Onion, Bajaj 100% coconut oil, Bajaj Brahmi Amla, and Bajaj nomarks ayurvedic among others. The Company has presence in both domestic and international markets.
The company market our personal care brands in more than 33 countries today and want to rapidly increase this reach through exports, to all 175 countries across the world, the primary focus in SAARC, Gulf & Middle East, ASEAN, and African regions and build a strong brand in North America UK, EU & establish the business in South America.
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Necessity of the Issue :
- To return surplus cash to its shareholders.
- Improve return on equity and thereby increase shareholder value.
Bajaj Consumer Care Buyback 2023 Offer Details:
| Event Name | Details |
| Buyback Type | Open Market |
| Buyback Record Date | Open Market |
| Buyback Offer Amount | ₹80.89 Cr |
| Date of Board Meeting approving the proposal | 09 December 2022 |
| Date of Public Announcement | 09 Decmber 2022 |
| Buyback Offer Size | 25% |
| Buyback Number of Shares | 33,70,416 |
| Listing | NSE, BSE |
| Face Value | ₹1/- Rs. |
| Buyback Price | ₹240/- per share. |
Bajaj Consumer Care Buyback 2023 Dates :
We have covered all important dates related to “Bajaj Consumer Care Buyback 2023” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 09 December 2022 |
| Buyback Approval date | 09 December 2022 |
| Public Announcement Date | 09 December 2022 |
| Buyback Record Date | Open Market |
| Buyback Opening Date | 19 December 2022 |
| Buyback Closing Date | 16 July 2023 |
Bajaj Consumer Care Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹880.00 | ₹706.00 | ₹170.00 |
| 2021 | ₹922.00 | ₹678.00 | ₹223.00 |
| 2020 | ₹852.00 | ₹647.00 | ₹185.00 |
Quick Link :
■ Publication Letter
■ Letter of Offer
■ Application Form
Registrar of The Buyback :
KFin Technologies Limited
Selenium Tower B,
Plot No. 31 & 32, Gachibowli,
Financial District, Nanakramguda,
Serilingampally, Hyderabad – 500 032
Tel No.: 040 67162222
Toll Free No. 1800 309 4001
Fax No.: 040 23001153
Email: [email protected]
Website: www.kfintech.com
Manager of The Buyback :
ICICI Securities Limited
ICICI Venture House,
Appasaheb Marathe Marg, Prabhadevi,
Mumbai-400 025
Maharashtra, India
Tel. No.: +91 22 6807 7100
Fax No.: +91 22 6807 7801
Email: [email protected]
Website: www.icicisecurities.com
Company Address :
Bajaj Consumer Care Ltd
1231, Solitaire Corporate Park,
151 M. Vasanji Road, Chakala,
Andheri East, Mumbai 400093 Maharashtra, India
Phone: +91 22 66919477/78
Email: [email protected]
Website: https://www.bajajconsumercare.com/
How to Participate in Bajaj Consumer Care Ltd buyback?
The Investors are eligible for the buyback scheme who have Bajaj Consumer Care shares in their Demat account as the Record date is Not Declare as the offer is Open Market. Investors can participate in the Bajaj Consumer Care Buyback 2023 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Bajaj Consumer Care buyback scheme.
How to apply for Bajaj Consumer Care buyback zerodha?
You can apply for the buyback, follow the steps below:
- Visit console.zerodha.com.
- Click on the context menu and then Portfolio.
- Click on Corporate actions.
- Click the Buybacks tab, tap on Bajaj Consumer Care and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Bajaj Consumer Care buyback on Groww?
You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.
- Visit the official Groww website.
- Search Bajaj Consumer Care Buyback in the search option.
- You can see Bajaj Consumer Care buyback result in search option tap on the Bajaj Consumer Care buyback.
- You will reach the Bajaj Consumer Care buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Bajaj Consumer Care buyback on upstox?
You can apply for the buyback, follow the few steps below:
- Login to the Upstox app using your 6-digit PIN or biometrics.
- Click on the Account Section on your right bottom corner (Applicable New upstox app).
- Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
- Select the Bajaj Consumer Care stock for buyback.
- Enter the quantity and click on apply.
- If you have submitted your POA, then the buyback will be confirmed.
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Bajaj Consumer Care Buyback 2023 FAQs:
When is Bajaj Consumer Care Buyback Announcement Date?
Bajaj Consumer Care buyback 2023 announcement date is 09 December 2022.
When is Bajaj Consumer Care Buyback Open Date?
Bajaj Consumer Care buyback Open date is 19 Decmber 2022.
When is Bajaj Consumer Care Buyback Close Date?
Bajaj Consumer Care buyback Close date is 16 July 2022.
When is Bajaj Consumer Care Buyback Record Date?
Bajaj Consumer Care buyback 2023 Record date is Not Declare as the offer is Open market.
What is Bajaj Consumer Care Buyback Price?
Bajaj Consumer Care company has fixed the price at ₹240 per share.
What is Bajaj Consumer Care Buyback Offer Size?
Bajaj Consumer Care company Buyback Offer Size is ₹80.89 Cr.
How to apply for Bajaj Consumer Care Buyback 2023?
As per the record date you need to have Bajaj Consumer Care shares in your Demat account. You can participate in buyback after having the stock in your account.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.